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Question 1:
Assuming that you are appointed consultant on economic matters for a company and you are asked to analyse the market structures in various sectors of the economy. What indicators would you take into account to classify the markets and analyse them from the profitability and economic efficiency point of view. Give examples taking the case of Mauritius.
Question 2:
"You are appointed as manager as of a tourist hotel in Mauritius and you are asked to do an analysis of the price determination in the industry. Moreover, you are asked to highlight the importance of a knowledge of elacticities of demand and supply in your business strategy.? How would you approach this assignment?
Question 3:
Provide the government policy to increase access to tertiary education, you are asked to estimate a demand function and forcast demand for tertiary education for your company. Show the various steps and issues that you would consider in your task.
Painter Ltd, which manufactures and sells a single product, is currently producing and selling 102,000 units per month, which represents 85% of its full capacity. Total monthly cos
Direct materials,4yard at$3.50per yard...$14.00 Direct labor,1.5direct labor hours at $12.00 per direct labor hour....$18 Variableoverhead,1.5 direct labour hours at $2.00 per dire
Major features of JIT (1) Elimination of non-value added activity: JIT manufacturing can be described as a philosophy of management, dedicate to the elimination of waste. Wa
The collection policy of a firm is intend at timely collection of overdue amount and comprises of the subsequent. a. Monitoring the state of debtors (account receivable)
Capital Project comparing hybrid vs non-hybrid cars.
Significance points of Variance The following significant points must be kept in mind: Controllability: Controllability should also influence the decision whether t
Prerequisites of a sound variances analysis system A variance analysis system would be good enough in controlling costs and evaluation performances if the following requirement
distinguish between cost unit and cost centre
Constructing the Model Steps: 1) Identify the objectives of the simulation (A detailed listing of the results expected will help to clarify the output variables. 2) R
ABC System and service organizations The ABC system has been taken up as applied to a manufacturing organizations with the same efficiency. One basic characteristic of service
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